Kefi Gold And Copper Share Discussion Threads

[robjm66] 25/3/2024 08:34

If you have any questions for investor meet and have not sent them in already get them in now.
Investor meet

Questions

Questions can be pre-submitted until 09:00 on Mon, 25 Mar. You may also have the opportunity to ask questions whilst attending the live presentation.

[robjm66] 25/3/2024 08:05

“Our modelling and production profile for this high-grade open pit gold mine, based on a gold price of US$1,864/oz (versus current spot of US$2,170/oz), shows sufficient cash will have been generated at the proposed time of repayment to repay these ERN in cash at the time they fall due,” said Anagnostaras-Adams.

He said the company has also received confirmation from the co-lender, Africa Finance Corporation, that its approval processes are “underway and progressing well” for its-intended US$95 million investment, which would provide the balance of the required funding for project launch.

[monte1] 25/3/2024 07:58

I suspect that I am not the only avatar wondering if robjm66 is ok.

[robjm66] 25/3/2024 07:57

Its another board approval on good terms with other boards approvals shareholders at least should like it.

Not sure what a unconditional conditions are.

[arlington chetwynd talbott] 25/3/2024 07:56

Do you not get the sense that we are 1/2 way there, next month will be 3/4 of the way there, the following month 7/8 of the way there, the month after that 15/16 of the way there and so on and on forever?

[blue square] 25/3/2024 07:53

They state formal approval from
the main bank, not mentioning if
its conditional/unconditional of
the conditions attached.
The webinar will interesting.

[jaylett] 25/3/2024 07:50

The 'kicker'? It is just words, Rob. The same words they've been feeding you for the last five years. You can go back and read almost identical sentences in every RNS. You simply refuse to acknowledge it.

[robjm66] 25/3/2024 07:40

multi-national corporations ("MNC") into new business sectors.

Within the development capital budget of US$320 million, US$100 million was to be provided through the issuance of two types of Equity Risk Notes ("ERN"),

The Company can confirm a longstanding and large MNC investor in the ERN has now received initial board approvals. All syndicate members have agreed a schedule for all remaining pre-launch tasks including their respective formal approvals ahead of full financial close mid-2024.

"I am delighted to report the initial board approval of a major local equity-capital provider.

"I can also advise the Company has received confirmation from the co-lender Africa Finance Corporation ("AFC") that its approval processes are underway and progressing well for its-intended US$95 million investment, which would provide the balance of the required funding for Project launch.
"All syndicate members are supportive and are working to ensure final documentation is entered into by mid-2024 to enable full Project launch and drawdown of funds. I look forward to providing further updates as appropriate."

Basically another board approval and the second bank approval is on its way the other board approval is on better terms as well

in Ethiopia and another lower-cost ERN for those with accumulated retained earnings in Ethiopian operations. The Company is pleased to report that it can now focus on the lower-cost ERN - fixed at 12% per annum.

plus lots of detail and the kicker

Conditions Precedent to Signing Definitive Detailed Formal Agreements ("Detailed Documentation"):

· The aforementioned processes are designed to be progressed by the end of May 2024 to the stage that warrants signing of Detailed Documentation between all syndicate members;

Which means more board approvals between now and then.

[exiledweegie] 25/3/2024 07:38

RNS. As ever, this remains about 2 months away. Reminds me of Xeno's paradox with the tortoise and the arrow.

[arlington chetwynd talbott] 25/3/2024 07:34

Are we nearly there yet?

[jaylett] 25/3/2024 07:28

13th February:

"The Company can now report that all the other parties in the funding syndicate, have advised they will this month go to their respective committees to approve the proposed transaction."

25th March:

"All syndicate members have agreed a schedule for all remaining pre-launch tasks including their respective formal approvals ahead of full financial close mid-2024."

Did they have no idea in February that the approval process would take four more months? The wording is fairly definitive, "to approve the transaction". Did Kefi genuinely have no idea what the process entailed and simply guessed approvals would happen? Or did they flat out lie once again, to get the placing away? Or are the Africans just leading Harry down the garden path?

[jaylett] 25/3/2024 07:24

And just like that, another three months is added to the timeline for financing. And I love how new schedules and plans suddenly appear out of nowhere, but with absolutely no detail whatsoever shared with shareholders. And when this latest deadline is inevitably missed it will simply be memory-holed and never mentioned again:

"All syndicate members have agreed a schedule for all remaining pre-launch tasks including their respective formal approvals ahead of full financial close mid-2024."

An utter, utter shambles. I am convinced now this whole charade falls apart long before any money is actually paid over. Nothing, and I mean nothing, takes this long to complete.

[theaviator] 25/3/2024 05:50

Goatie, you grew up in an era where there was much more honesty, kindness to fellow man and a sense of community where a man's word was their word. No doubt your time with the services showed real comradery too. Sadly the world has not changed for the better and is drastically different. There are more black than white squares on the masonic floor and becoming increasingly chequered with different shades of corruption. We're now supposed to be politically correct yet the establishment who dictate such drivel are the driving core of the aforementioned. My kids are now subjected to when watching television and browsing the internet too many degrees of wrongness and abnormality. This filters down through society and so we are left with a really messed up world with total disregard for the moral teachings of the good book. Most aim shares are a derivitive of this "messedupness" lol Old school I have no greater time for but one has to keep up with "change" in one way to stay ahead whilst sticking to the core morals of the old world. Relate that to aim and Kefi in some profound way with a greater degree of perception. The clues are in the history and words. Word is fine if there is evidence of truth ;)Over and out.

[theaviator] 25/3/2024 05:04

Let's just draw a line and say there are a few amateurs on these boards that haven't been hardened to aim or the fact that over 80% of these aim companies are duds and run by even less talented accountants who decided to try their luck at being a CEO or investment banker. They rarely succeed ;) An accountant should always stay as an accountant, just as a farmer should tend to his own land and make monies how he knows. It takes years gaining enough experience and worldy wisdom, subtle instinct and level headed reading skills to become a professional investor. Fact. It also requires a good degree of cynicism and secondly the bottle to put money down. Without both you're scuppered.Finally it requires unwavering belief and thorough research, so I do have a degree of respect for the die hards here regardless of how well they have done I guess lolRob, this one did the rounds last bull run as well. Lol One always has to know where the sovereigns are buried and have the key to the box. No bank deposit boxes these days not that I ever trusted the bank anyway If I suddenly couped, she who must be obeyed wouldn't have a notion how to access and so I have the keys etched in stone in two locations (bomb proof metal in my case) ;)New EU rules out at the weekend so maybe prudent for the forgetful just to buy on a brokerage type account like Revolut, Crypto.com or the likes although I like to have mine in a hard wallet. (A digital offline storage device, so even if I lose the device as long as I know my key words I can recover). A software exodus wallet is also probably okay. (Again have to know the key words)A good memory is a necessity though LOL58k a good entry now imho (Limit orders must be set as can be quick) but I will be adding to alts like Doge, Link, Vet, Vthor etc. My bitcoins will be held until reaches 100k and I don't care how far beyond it goes, I will be selling them and good luck to anyone who buys them. I rarely fall in love. You should be safe enough with Katie, (proper salmon) I think she probably does what she says on the tin... one can also be too cynical lol ;)

[chopper harris1] 24/3/2024 21:26

If you want to boast about your past on a stocks and shares bulletin board then that’s your choice. As regards to facts about me,,,,mind your own business!!

I post on these threads as a (disgruntled) KEFI shareholder. Just as you post as an apparently very contented shareholder. Our ages, schooling, IQs, etc, are completely irrelevant.

Your last post is further evidence to me that you’re prepared to use all that stuff in a bizarre attempt to justify your stance on KEFI and to try to put down those that have a different view of the company. You also fail to realise that these antics, together with your more outrageous predictions, invite ridicule and adverse reaction.

The knowledge of your advanced years, privileged upbringing (Rugby School?), military career and academic achievements do nothing to change my opinion that you have been calling this company wrong for as long as I’ve been on the KEFI threads.

[goatherd] 24/3/2024 19:06

chopper,

I am a very old man; 89 last birthday. My early live was Rugby School, the Cavalry (16th/5th Lancers, Cambridge (Magdalene College). So I am entitled to be a bit pompous, don't you think?

Foolish? Perhaps. But last time I had my IQ tested it was still over 150. I got a first at Cambridge. In the great old quiz show "Ask the Family" I, my wife and two eldest sons were defeated in the finals. So I think there is some evidence there that I am clever - perhaps foolish, though I think not.

Oh, yes, I have some published scientific papers.

Now lets have some facts about you!

[dudishes] 24/3/2024 17:12

goat,

SP from 0.92p, high 26 Feb to 0.536p, low 22 Mar. Intraday.

Per yr posts 4511 "running for cover" and

4517,same day, "Sour grapes".

One would think that the losses are mainly due to longs selling, not shorters holding?

Then Arry nabbed you!

[ham1] 24/3/2024 16:06

hxxps://www.linkedin.com/posts/gmco-ltd_gmco-miningcommunity-exploration-activity-7177588333441605632-Xg1j?utm_source=share&utm_medium=member_ios

[chopper harris1] 24/3/2024 13:10

Of course goatherd “pumps”, “ramps”, whichever way the practice is described.

Some of these have been completely outrageous, like the 40p/50p share price predictions. Others have been less direct, like his recent advice to some posters on a number of occasions to close their shorts. That’s still a pump/ramp in my book.

Even if some see it differently, what is beyond dispute is that goatherd has been calling KEFI wrong for years. Anyone influenced by his posts and topping-up on the back of them, have only themselves to blame.

What the buffoon still fails to realise is that he, me and all other genuine KEFI shareholders have had their pants pulled down on numerous occasions by this management and will continue to experience similar until, in my opinion, HAA is ousted or moves aside.

[theaviator] 23/3/2024 22:02

You're just excitable Goatie ;) Arry has never got be excited yet... he's got a lot more work to do before that LOL